Bitcoin Exchange Binance Announces Termination of BNB Network Support for Two Altcoins! Here Are the Details

Binance has announced that it will be ending support for deposits and withdrawals of certain tokens over certain networks, effective June 16, 2025 at 11:00 AM ET.

Binance to End Support for Certain Token Transactions on BNB Smart Chain Starting June 16

According to the announcement, the change will affect the following tokens:

Stafi (FIS) via BNB Smart Chain (BEP-20)

Measurable Data Token (MDT) on BNB Smart Chain (BEP-20)

Binance warned that after the specified date and time, deposits made via the BNB Smart Chain for these tokens will not be credited to users’ accounts and may result in permanent loss of assets.

Alternative Networks Will Continue to Be Used

Despite the suspension, users will still be able to deposit and withdraw FIS and MDT using other networks supported on Binance. The exchange did not specify which alternative networks will be available, but encouraged users to check out the wallet and deposit options on the platform.

This move appears to be part of Binance’s ongoing efforts to streamline network integrations and reduce operational risk associated with multi-chain support.

Users are advised to double-check withdrawal network settings and update automatic transactions to prevent transactions from failing after the cut-off date.

*This is not investment advice.